Microsoft ICE (Image Composite Editor) is a great tool for creating panoramas from fish eye images. The software is free and does a great job of merging photos into a panorama without needing to learn any fancy techniques or complicated software. Download here: http://research.microsoft.com/en-us/um/redmond/projects/ice/The above Panorama was compiled by the Microsoft ICE 2.0 software, from 36 fish eye images I took on the USAT Liberty Wreck in Tulamben, Bali. I used an Olympus PEN EPL6 in a PT-EP10 housing with a Panasonic 8mm fish eye lens and Athena Dome Port. The camera was hand held and with no strobes. Shot in Manual (so the exposures were consistent across all images).I shot the images by moving the camera in a semi circular pan at two levels (see the thumbnail images in the following slide show to see what I mean).I then imported them into the ICE Software and let the program do its magic. The slide show below shows the steps I took. (click on the numbers to view each Screen Shot)There are also two websites that can display files output from ICE in 3D or high definition zoomable panoramas (PhotoSynth & DeepZoom).... But that's for another day!